M&A Deal Summary

Midwich Group Acquires Wired

On September 8, 2016, Midwich Group acquired distribution company Wired

Acquisition Highlights
  • This is Midwich Group’s 3rd transaction in the Distribution sector.
  • This is Midwich Group’s 1st transaction in New Zealand.

M&A Deal Summary

Date 2016-09-08
Target Wired
Sector Distribution
Buyer(s) Midwich Group
Deal Type Add-on Acquisition

Target

Wired

Auckland, New Zealand
Wired is a small New Zealand based AV distributor with offices in Wellington and Auckland specialising in HD distribution solutions for the domestic and commercial market.

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Buyer(S) 1

Buyer

Midwich Group

Diss, United Kingdom

Category Company
Founded 1979
Sector Distribution
Employees1,800
Revenue 1.3B GBP (2024)
DESCRIPTION

Midwich Group is a specialist AV and document solutions distributor to the trade market, with operations in the UK and Ireland, France, Germany, and Australasia. Midwich Group was founded in 1979 and is based in Diss, England.


DEAL STATS #
Overall 3 of 5
Sector: Distribution M&A 3 of 5
Type: Add-on Acquisition M&A Deals 3 of 5
Country: New Zealand M&A 1 of 1
Year: 2016 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-09-08 Holdan

United Kingdom

Holdan is a value-added distributor of technology solutions focused on the broadcast, professional video and traditional audio-visual markets. The company is based in Glossop, near Manchester and currently employs 35 staff. Holdan is a leader within the UK broadcast market, and has a significant and growing export business. The Company traded with 515 mostly specialist broadcast customers in 2015, an 11% increase on the previous year. In addition to hardware distribution, the Company provides a broad spectrum of services, including demonstrations, system design, configuration, and repair facilities to the trade - providing much needed support to users of broadcast and professional video equipment.

Buy £8M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-03-29 Earpro S.A.

Barcelona, Spain

Earpro S.A. is a value-added distributor of audio, video and lighting solutions in Spain and Portugal. Earpro is a specialist audio and visual distributor focused on three technology categories - audio, lighting and video. The Company has a notable heritage in the solution driven professional audio market where the business operates with mid to high end, specialist brands. The Company distributes key audio vendors including Shure and a range of brands under the Harman umbrella. Earpro is headquartered in Barcelona.

Buy €14M